Which of the Following Is a Capital Good

question 113

Multiple Choice

Which of the following is a capital good?

• A)An oven in a bakery.
• B)A home computer.
• C)The first application of CD ROM technology to an economics textbook.
• D)An investment in IBM stock.

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Definitions:

Pigeon Pies

Traditional British pies made with pigeon meat, often served as a game dish.

Output

The aggregate production of merchandise or services by a corporation, sector, or economy.

Profit

The financial gain obtained when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.

Pigeon Pies

A traditional dish made from pigeons, emblematic of historical culinary practices, but may vary in relevance and popularity across cultures.